Can I choose not to buy car insurance if I don't plan to drive temporarily?
1 Answers
If the car owner has matters to attend to and leaves the car parked in the garage for a year or even longer without driving it, they can choose not to purchase insurance during this period. Note that car insurance must be purchased during the annual vehicle inspection. If even compulsory traffic insurance is not purchased, the inspection cannot be passed. Driving a vehicle without an inspection is illegal. Car owners can decide whether to purchase car insurance based on their actual situation. If car insurance is not renewed for more than three months, it will automatically lapse. After the lapse, when purchasing insurance again, the owner will no longer be eligible for preferential policies, as the discount for the next year is determined by the claims history of the previous year. After a lapse, the insurance is calculated as if it were the first year, with all benefits returning to the original state. If the car owner causes a traffic accident during the lapse period, the insurance company generally will not compensate, and the uninsured owner will face huge compensation costs.